KPMG Singapore has announced a leadership transition, along with a further commitment to financial services and ESG themes.

Lee Sze Yeng has been appointed as managing partner of KPMG Singapore, where she will succeed Ong Pang Thye, effective from 1 October 2023. Lee is currently holding a role as deputy managing partner and head of audit at KPMG Singapore, according to the firm’s announcement.

As a deputy managing partner, Lee is responsible for driving operational excellence and charting long-term sustainable as well as strategic growth across business areas. She has more than 20 years of experience in the audit area.

Investments in Five Years

At the same time, KPMG Singapore announces its S$ 50 million commitment for the next five years. This investment aims to drive financial services innovation, build ESG capabilities, and provide support to businesses in their innovation and transformation journeys.

The firm’s strategic investment in ESG capabilities and workforce upskilling aims to support businesses, following the evolving regulatory landscape and emerging opportunities in sustainable finance and green technology, it said in the statement.